Loan
Lease
Hyundai Kona Electric
On Road Price Price Details
₹ 23,29,971
Ex-Showroom Price
₹ 23,84,000
Compr. Insurance
Comprehensive Insurance
₹ 71,631
RTO - Individual
₹ 500
TCS
₹ 23,840
Depot Charges
₹ 0
Cash Discount
- ₹ 1,50,000
On Road Price
₹ 23,29,971
Loan Amount
₹ 23,29,971
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 47,803
Loan Amount
₹ 23,29,971
Estimated Monthly Payment
₹ 47,803/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
---|---|---|---|
1 | ₹ 23,29,971 | ₹ 1,83,064 | ₹ 19,39,400 |
2 | ₹ 19,39,400 | ₹ 1,48,541 | ₹ 15,14,306 |
3 | ₹ 15,14,306 | ₹ 1,10,967 | ₹ 10,51,638 |
4 | ₹ 10,51,638 | ₹ 70,071 | ₹ 5,48,074 |
5 | ₹ 5,48,074 | ₹ 25,561 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 23,29,971, EMI of ₹ 47,803, tenure of 5 years, interest rate of 8.5% p.a